1. GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP to 2.5% compared to 1.9% in 2022. …
1. CPI INFLATION The Consumer Price Index (CPI) rose 6.5% year-over-year and just 0.1% month-over-month, according to the latest numbers from the Bureau of Labor Statistics — relatively in line with most industry estimates. The annual inflation rate has now fallen for six consecutive months. Core CPI, which removes food and energy prices from the …
1. DECEMBER JOBS REPORT • US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell during the final week of 2023, indicating that the US labor market remains tighter than some …
1. FED MEETING MINUTES Minutes from the FOMC’s May 2-3 policy meeting showed that central bank policymakers were split on the decision to continue raising interest rates or pause increases during its most recent vote. Ultimately, the decision to raise rates by 25 basis points in May was unanimous. However, the minutes signal that officials …
1. FED INTEREST RATE DECISION On July 26th, The Federal Reserve raised their benchmark interest-rate by 25 bps, reversing a pause in rate-hikes that occurred in June. While the June pause was intended to start a “wait and see” approach by officials, their meeting minute sand commentary in recent weeks suggested to the market that …
Relocation, Operation Analysis & Space Efficiency Relocating a Business & Space Efficiency Relocating can be a great way to shake things up and in a good way! Underutilization of space, poor locations, and inconvenient and inefficient space layouts are a leading cause for company disruption and potential economic cost. Paying too much in rent? Not …
Why Offer Leasing Services? Commercial real estate is a multi-faceted business, and has several distinct income streams. However, not every broker or brokerage offers leasing assistance. There are sales and management, and leasing services. The leasing process is a great way to start to build your CRE business and learn the nuts and bolts of …
Is leasing included in your firm’s service offerings? There are several excellent reasons to include leasing as part of your brokerage services. Following are three main reasons: Why Should You Include Leasing to Your Service Offerings Increase market presence (or, it’s all about signage) A great reason to include leasing to your service offerings is …